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Nov 14, 2012
11/12
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an assortment of groceries in new york city. 72% more than those same72% more same items in twin falls, idaho. about two years ago, the fiscal times commissioned a study on this from a national tax accounting firming. they looked at several areas around the country for this hypothetical couple that earns $250,000 with two children. if they lived in huntington, new york, they'd have a deficit at the end of the year of $24,380. if they lived in a place like plano, texas, they'd be ahead by $4,936. that would be at the end of the career. pl plan plano, texas, was the only area where the couple came out ahead. is $250,000 rich? >> depends where you live. jackie, that was great. michelle, i have a question to you because i threw it out there on twitter. do you believe it's possible to have an income tax rate or maybe deductions that roll back based on geography? in other words, $250,000 gets you in boston and new york, but you start to classify people wealthy for tax reasons. i'd say $150,000 a year in peoria. >> no, not at the federal level. certainly not. states should compete on income t
an assortment of groceries in new york city. 72% more than those same72% more same items in twin falls, idaho. about two years ago, the fiscal times commissioned a study on this from a national tax accounting firming. they looked at several areas around the country for this hypothetical couple that earns $250,000 with two children. if they lived in huntington, new york, they'd have a deficit at the end of the year of $24,380. if they lived in a place like plano, texas, they'd be ahead by...
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Nov 15, 2012
11/12
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>> indeed, i am in the beautiful windy city, ty. this is the schwab impact conference. welcome to the biggest convention center in the united states and it is chock-full with some of the top investment advisors out there. we're going to be talking to a number of them. we have a terrific hour planned here from chicago. we're going to talk to the five-star rated portfolio fund manager of the permanent portfolio fund, michael kuggino. he has $17 billion under management. we'll find out how he sleeps at night in this volatile market. >>> plus, liz ann sonders, schwab's chief investment strategist is with us. she's fired up about the fiscal cliff. she says congress has to rise above -- she's wearing one of our pins, ty and simon. we'll talk to her about what the implications are if congress does not rise above. all of that straight ahead. >>> but first, i'll throw it down to simon hobbs down at the nyse. >> hi, sue. one of the immediate implications of course is the way in which the market is behaving. the dow is at a five-month low, the s&p 500 at a four-month low. we have
>> indeed, i am in the beautiful windy city, ty. this is the schwab impact conference. welcome to the biggest convention center in the united states and it is chock-full with some of the top investment advisors out there. we're going to be talking to a number of them. we have a terrific hour planned here from chicago. we're going to talk to the five-star rated portfolio fund manager of the permanent portfolio fund, michael kuggino. he has $17 billion under management. we'll find out how...
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Nov 13, 2012
11/12
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people actually coming to the city and 2k3wgetting out and wag to shop. >> sure. tourism just to bring that up for a moment, tourism has been such a big part of the holiday shopping experience in new york city over the past few years. so we did hope that people still come and they bring their wallets. but as for the residents, actually having the time to get out, that's going to be a challenge. because they've got so many things that they need to do in their homes to clean up and to recover. so the foot traffic driving to the stores, really taking the time that uppers often take, there's a long stretch between now and christmas day. so i think probably you'll see it will be a very busy just before we get to christmas, but between now and then, there's still a lot of work to be done and people are prioritizing that way. >> ted, good to see you. thanks for joining us this morning. >>> we'll stick with the shopping theme for a moment. if you've started thinking about what gifts to get for the the ones, enter our website for a slide show of the top crazes of all time.
people actually coming to the city and 2k3wgetting out and wag to shop. >> sure. tourism just to bring that up for a moment, tourism has been such a big part of the holiday shopping experience in new york city over the past few years. so we did hope that people still come and they bring their wallets. but as for the residents, actually having the time to get out, that's going to be a challenge. because they've got so many things that they need to do in their homes to clean up and to...
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Nov 13, 2012
11/12
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we will have much more on those power problems on long island and the outer boroughs of new york city with gary kaminsky in about 15 minutes. we sent him into the field, his hometown, to show us july how bad things there are still, two weeks after the big storm hit. >>> the biggest fear relying to the fiscal cliff is whether it will whipsaw us back into a recession. diana olick with how housing could fall off the cliff. she is live in d.c. diana? >> reporter: the main drivers are short sale, the bank let's you sell for less than the mortgage and lope modifications where the bank slashes principal. now you banks have done close to $11 billion worth of this debt relief just this year and that's why foreclosures are dropping and overall home prices are recovering. debt forgiveness, though, is usually taxable, but not since the debt relief passed under george w. bush, but it expires december 31st of this year and it is in big fiscal cliff play. if it is not extended and people are suddenly faced with paying taxes on their short sales and load lone modifications debt relief, all that is dr
we will have much more on those power problems on long island and the outer boroughs of new york city with gary kaminsky in about 15 minutes. we sent him into the field, his hometown, to show us july how bad things there are still, two weeks after the big storm hit. >>> the biggest fear relying to the fiscal cliff is whether it will whipsaw us back into a recession. diana olick with how housing could fall off the cliff. she is live in d.c. diana? >> reporter: the main drivers are...
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Nov 12, 2012
11/12
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the floating city is actually floating. venice. flooded by heavy rains. 70% of venice is under water. it hasn't stopped the tourists from checking out the ancient city. look at that cruise ship. it's actually at sea but the way the camera angle is, looks like it is going right down the palazzo. >>> airlines are having trouble finding pilots. it may be the biggest shortage in years. this isn't exactly a job you can asupply for and slide into. >> you're looking at a shortage coming in terms of the guys who are going to be flying our planes around the world particularly here in the united states. look at how many pilots are in the system right now and how many are needed over the next 20 years. you're talking about 96,000 right now. you're going to need more than that. 97,000 will be needed over the next 20 years. there is a coming wave of mandatory pilot retirements kicking in at age 65. they extended the age five years five years ago. they're starting to come due. more than half the u.s. pilots are over 50 years old. that's part of
the floating city is actually floating. venice. flooded by heavy rains. 70% of venice is under water. it hasn't stopped the tourists from checking out the ancient city. look at that cruise ship. it's actually at sea but the way the camera angle is, looks like it is going right down the palazzo. >>> airlines are having trouble finding pilots. it may be the biggest shortage in years. this isn't exactly a job you can asupply for and slide into. >> you're looking at a shortage coming...
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Nov 12, 2012
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. >> yes, but do they have any control over the occurrences city? >> by themselves, they wanted to, they could debate and could depreciate their currency. the fact of the matter is that they don't really want to do that. the bank of japan is more germanic in its approach. they don't think that money on its own can create economic growth and personally i must say i've got a bit of sympathy with that. >> i think the real question is japan really going to continue with this kind of negative economic outlook and whether it really can continue with a growing debt to gdp profile and whether the bank of japan will stick in its germanic root. >> you're right. the key issue is where is growth, where will growth come from. right now it's sort of easy, we have a global slowdown, particularly capital goods. that's hitting japan's exporters quite severely. question, when are we going to get a concerted government package that is pro economic growth, that involves, yes, the bank of japan, but more importantly, it involves better rules, better regulation. for exam
. >> yes, but do they have any control over the occurrences city? >> by themselves, they wanted to, they could debate and could depreciate their currency. the fact of the matter is that they don't really want to do that. the bank of japan is more germanic in its approach. they don't think that money on its own can create economic growth and personally i must say i've got a bit of sympathy with that. >> i think the real question is japan really going to continue with this kind...
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Nov 8, 2012
11/12
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the storm brought the city to a virtual stand still last night. clean up crews have been working, though, to remove snow and clear the streets. we'll keep you posted on how that is doing as we look forward to the u.s. market opening today. coming up next, though, china's new leader will soon be revealed as the communist party's 18th national congress gets under way, but what does the transition mean for relations with europe? >>> hu jintao calls on china's next leaders to stamp out corruption and nir row the income gap as the communist party congress begins in be beijing. dow closed below the 13,000 level for the first time since august 3rd. shares in socgen are leading the trade higher as analysts say one time costs mask good third quarter results. the ceo tells this channel why the bank's underlying performance remains healthy. >> when you have a credit which is improving, your cds is going down, you have to recognize a negative revenues. >> and amid a backdrop of violent protest it is in greece, draghi warns economic uncertainty is thousand eve
the storm brought the city to a virtual stand still last night. clean up crews have been working, though, to remove snow and clear the streets. we'll keep you posted on how that is doing as we look forward to the u.s. market opening today. coming up next, though, china's new leader will soon be revealed as the communist party's 18th national congress gets under way, but what does the transition mean for relations with europe? >>> hu jintao calls on china's next leaders to stamp out...
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Nov 15, 2012
11/12
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you can see as you travel around parts of staten island, as we flew over parts of other parts of the city and the region that had been impacted, there's still a lot of clean-up to do. people still needrgency help. they still need heat. they still need power. they still need food. they still need shelter. kids are still trying to figure out where they're going to be going to school. so there's a lot of short-term immediate stuff that has to be dealt with and we are going to make sure that we stay here as long as people need that immediate help. that's fema's primary task. we'll be coordinating closely with state and local governments to make sure folks are getting the short-term help. but what we've also already heard there's going to be some long-term rebuilding that's required. you look at this block and you know that this is a community that is deeply rooted. most of the folks that i met here have been here 20, 30, 50 years. they don't want to see their community uprooted. but there's got to be a plan for rebuilding. that plan's going to have to be coordinated and there's got to be reso
you can see as you travel around parts of staten island, as we flew over parts of other parts of the city and the region that had been impacted, there's still a lot of clean-up to do. people still needrgency help. they still need heat. they still need power. they still need food. they still need shelter. kids are still trying to figure out where they're going to be going to school. so there's a lot of short-term immediate stuff that has to be dealt with and we are going to make sure that we...
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Nov 12, 2012
11/12
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only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. >>> welcome back to "squawk box" everyone. in our headline this is monday morning, republicans and democrats making the rounds on the sunday talk shows sounding optimistic notes on striking a deal to avoid the so-called fiscal cliff. that could help wall street's mood with the dow and s&p 500 coming off their biggest weekly losses in five months. lot of that was because of the fiscal cliff related worries. >>> also toys "r" us and target say they will start black friday on thursday, on thanksgiving day itself. toys "r" us will open its stores at 8:00 p.m. on thanksgiving night, target will open at 9:00 p.m., that caused some controversy last time around but obviously worked, that's why the retailers are jumping on board. htc and apple settled a two
only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. >>> welcome back to "squawk box" everyone. in our headline this is monday morning, republicans and democrats making the rounds on the sunday talk shows sounding optimistic...
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Nov 9, 2012
11/12
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i think particularly for the banks that got rejected last year like citi and sun trust. i think they're going to be able to push the edge of the envelope. the fed may push back. it will be give and take this time and a much smoother process. i completely agree there's plenty of capital in this industry. buybacks and dividends. we talked about it last year. we didn't get what we wanted. i hope we get more this year. i expect we will. >> one bank stock you would buy right now, anton. >> i would buy citi right now. >> all right, guys. great to have you on the program. thank you so much. we appreciate your time tonight. see you soon. really appreciate it. up next, mixed signals at jcpenney. we're going to tell you about it. the retailer is mailing a letter to customers explaining its shift away from coupons. get this, the letter has a coupon attached. this is no joke. it's real and we'll discuss what's going on with an analyst and our own herb greenberg in a few minutes. stay with us on that. >>> up next, the white house reiterating a threat today to veto any bill extending
i think particularly for the banks that got rejected last year like citi and sun trust. i think they're going to be able to push the edge of the envelope. the fed may push back. it will be give and take this time and a much smoother process. i completely agree there's plenty of capital in this industry. buybacks and dividends. we talked about it last year. we didn't get what we wanted. i hope we get more this year. i expect we will. >> one bank stock you would buy right now, anton....
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Nov 15, 2012
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so could citi actually split at this point? >> basically undo everything that they did. >> yeah, exactly. they cobbled together a giant financial supermarket. >> that sandy actually benefited from. >> and sandy actually denounced later on. >> split off the travelers side of that business, because at one point, when they put those together, that was part of. this. >> i would say. this i've talked to people -- city is going to earn close to $4 a share this year. i think four and a half or so next year. i've talked to a few people who think the number by 2015 is going to be anywhere from $8 to $9. so even if you put on a seven or eight multiple, this stock is cheap here so. if you believe this is just a correction here and this is just a pause in a larger bull market, i think that city, for the number of reasons you've just given, is a pretty interesting play. i don't happen to believe that. i think the banks are scary here. >> fiction? >> i'll go fiction. it's too hard to take this apart again. i don't think that anyone could fig
so could citi actually split at this point? >> basically undo everything that they did. >> yeah, exactly. they cobbled together a giant financial supermarket. >> that sandy actually benefited from. >> and sandy actually denounced later on. >> split off the travelers side of that business, because at one point, when they put those together, that was part of. this. >> i would say. this i've talked to people -- city is going to earn close to $4 a share this...
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Nov 12, 2012
11/12
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the asian city surprise index best reading since february 2011. even the eu city surprise index, though still weak, has gone from minus 100 in june to minus 27 this week. apple is no longer the beneficiary of fund flows. it's been the source of funds for two months. no one expects a wow product anymore. so at 540 i use a dividend discount model. it implies that the market is projecting growth rate for the company of around 3% per year. i think this is too low. but even if earnings are flat over the next three years, by year end 2015, something that joe mentioned, apple is going to have a cash position of $260 a share and no debt. i'm paying $540 less $260 year end 2016 for core earnings of $45 a share. that's about 6.5 times. when the stock was 700, you backed out debt you were playing 12.5 times. >> this is simply a pricing issue for you. some of the things you mentioned as potential negatives way back when when you were bearish on the stock, overowned the competition, et cetera, weaker economy, it's not like those have gone away. >> yes. it's no
the asian city surprise index best reading since february 2011. even the eu city surprise index, though still weak, has gone from minus 100 in june to minus 27 this week. apple is no longer the beneficiary of fund flows. it's been the source of funds for two months. no one expects a wow product anymore. so at 540 i use a dividend discount model. it implies that the market is projecting growth rate for the company of around 3% per year. i think this is too low. but even if earnings are flat over...
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Nov 8, 2012
11/12
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one of the earliest snowstorms in the new york city vicinity ever. it's just one week after sandy. eight inches in queens. 13 inches in frehold, new jersey. big snowfall totals. the snow is on the trees and the trees came down. that's why the additional power outages. but if we take a look at the radar, this is all kind of breaking down at this hour. the actual storm center is not far from nantucket where they had winds to 65 miles per hour. notice how the precipitation is kind of breaking up and winding down. the storm center is almost done. that's right, we're almost done with this one. now let's talk about the next one. it is brutus and it is going to affect the northern rockies in the next several days with 6 to 12 inches of snow. northern montana, blizzard warning but overall the united states undergoes a warming trend in to the week ahead. >> i'm going to take that as a silver lining, todd. thank you very much. >>> let's turn to the markets now. we've erased our earlier gains. one day after the dow's largest drop this year, the dow is down 62 points on the session. the s&p is
one of the earliest snowstorms in the new york city vicinity ever. it's just one week after sandy. eight inches in queens. 13 inches in frehold, new jersey. big snowfall totals. the snow is on the trees and the trees came down. that's why the additional power outages. but if we take a look at the radar, this is all kind of breaking down at this hour. the actual storm center is not far from nantucket where they had winds to 65 miles per hour. notice how the precipitation is kind of breaking up...
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Nov 9, 2012
11/12
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. >> and from today, drivers in new york city have to check their number plates before they pump gas. the mayor says based on license plates ending in odd or even numbers, drivers will be allowed to fill their tanks on alternative days. three quarters of gas stations remain closed due to super storm sandy. and in the last few minute, drinks giant has signed a deal to control spritz for $2 million. joining us is the ceo before paul, good to see you. thanks for joinings us. i presume you you now have to make an offer to all the shareholders. >> we are required to do a mandatory tender offer in the market which we will embark upon upon appropriate clearances. >> what is this company going to give you that you don't already have? >> first of all, this company has fabulous brands in the premium local category. it also has a very strong route to market. so it is the leader in the market and as you said, we'll have controlling interest. >> did this basically happen because united spirits owner needs cash? king fish airlines has been grounded by heavy debts. >> i think they see the mayor rece
. >> and from today, drivers in new york city have to check their number plates before they pump gas. the mayor says based on license plates ending in odd or even numbers, drivers will be allowed to fill their tanks on alternative days. three quarters of gas stations remain closed due to super storm sandy. and in the last few minute, drinks giant has signed a deal to control spritz for $2 million. joining us is the ceo before paul, good to see you. thanks for joinings us. i presume you...
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Nov 9, 2012
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which takes half the cars out of the gas lines each day, that system's working so well in new york city and the long island counties are mandating odd/even beginning friday. one more sign of sandy's impact. new york governor andrew cuomo estimates the damage in his state, alone, at $33 billion. cuomo assailed the power companies. he called for a ground-up redesign of the power and fuel supply systems. but i think what he ought to do is open the door to some deregulation and free market competition. this especially for the power companies. let the marketplace work, governor cuomo. you'd have better results during emergencies or nonemergencies. >>> anyway, coming up here, president obama wasn't the only big winner on tuesday night. the polling industry kind of nailed it. top pollster ed gullas is up next. ♪ [ male announcer ] a european-inspired suspension, but not from germany. ♪ a powerful, fuel-efficient engine, but it's not from japan. ♪ it's a car like no other... inspired by a place like no other. introducing the all-new 2013 chevrolet malibu, our greatest malibu ever. ♪ we
which takes half the cars out of the gas lines each day, that system's working so well in new york city and the long island counties are mandating odd/even beginning friday. one more sign of sandy's impact. new york governor andrew cuomo estimates the damage in his state, alone, at $33 billion. cuomo assailed the power companies. he called for a ground-up redesign of the power and fuel supply systems. but i think what he ought to do is open the door to some deregulation and free market...
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Nov 15, 2012
11/12
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we operate across the major markets in texas the top four cities and we have seen strong numbers year over year and rent growth in austin, dallas, houston, san antonio, has been in the 3% to 6% year over year rent growth so strong performance. >> so rent is killing it but would you be a buyer. warren came over here a year ago and said if he could do anything with his money and made sense he would go up and buy up single family homes. he'd do it in florida, arizona, nevada, that was the argument. >> i think the mortgage market has to come back for the residential end user but i'd buy some land divisions, lot developments that will make sense over the next couple of years. >> behind the curtain of the commercial business. >> steven and i were talking a minute ago about retailers and e-commerce and we see a big impact from e-commerce when we buy a shopping center, we have to pay attention to our cost basis so that retailers who come in and occupy that space will have the ability to compete against e-commerce and do well and protect their profit margins so we're seeing retailers absorb. >
we operate across the major markets in texas the top four cities and we have seen strong numbers year over year and rent growth in austin, dallas, houston, san antonio, has been in the 3% to 6% year over year rent growth so strong performance. >> so rent is killing it but would you be a buyer. warren came over here a year ago and said if he could do anything with his money and made sense he would go up and buy up single family homes. he'd do it in florida, arizona, nevada, that was the...
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Nov 8, 2012
11/12
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just west of atlantic city all the way through new york. now, the new york metro area is getting hit extremely hard this evening. it's like a blizzard outside. and that is a big problem. let me show you why by taking a look at some video that i actually shot just prior to sunset. it's the trees. the snow on the leaves of course brings down branches and renews all over again in terms of the power outages. let's look at other factors, a list of things to worry about with this particular storm. it's the wet snow and damaging -- that damages the trees. it's the numerous power outages as a result. it's four to eight inches of snow, which is holding up travel as well. and that's complicating the whole gas shortage situation. and cape cod and the islands, you know what they're getting? they're getting winds to 70 miles an hour this evening and some big waves as well. it won't be until tomorrow that we have a better idea of the economic impact from this winter storm. which is wreaking havoc right now across the northeast. although it will let up to
just west of atlantic city all the way through new york. now, the new york metro area is getting hit extremely hard this evening. it's like a blizzard outside. and that is a big problem. let me show you why by taking a look at some video that i actually shot just prior to sunset. it's the trees. the snow on the leaves of course brings down branches and renews all over again in terms of the power outages. let's look at other factors, a list of things to worry about with this particular storm....
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Nov 15, 2012
11/12
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range rockets that hamas has which threaten the central citizen in israel, in particular the bigger city tel aviv. so israel taking out those rocket piles from the air, also attacking from the sea. israel's army is poised at the border of gaza, reserves are being called up for a possible ground inflation of gaza, which i think nobody actually wants, but certainly a real possibility. at the same time, palestinian rocket attacks from gaza into israel are also continuing about 150 this morning, most of the israelis have been intercepted by the dome system homemade rocket defense system. nevertheless one rocket did get through, killed three israelis. the first casualties of this operation. so far 13 palestinians have been killed in gaza. what we're waiting to see is to what extent will the continuation of the palestinian rockets be able to kill israelis. because that will be the determining factor in how long this operation goes on for and what actually happens, whether there's a ground invasion or not. israel says it's determined to end the okay ket threat from gaza. that means continuing t
range rockets that hamas has which threaten the central citizen in israel, in particular the bigger city tel aviv. so israel taking out those rocket piles from the air, also attacking from the sea. israel's army is poised at the border of gaza, reserves are being called up for a possible ground inflation of gaza, which i think nobody actually wants, but certainly a real possibility. at the same time, palestinian rocket attacks from gaza into israel are also continuing about 150 this morning,...
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Nov 15, 2012
11/12
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and you filed a proposal on behalf of some shareholders of yours, essentially asking citi to explore breaking up the bank along business lines, so potentially that could be four separate businesses. what has prompted this? >> what prompted this was we were looking at the large banks, the banks that were too big to fail and when we looked at the relative valuations, we looked at the city to be one with the most up sides when concerned with this type of action, when we look at anything, we look at the governing positions. we established a position and are asking them to look at what could the vol be in terms of the potential if we were to unlock this valuation by breaking this up. >> the business lines retail bank, an investment bank, a trust company and a credit card company. according to your back of the envelope calculations what, could that be at this point. >> we estimate it could be up about 50%. there's lots of variations on what they determine what is the best way to do this in the outcome? we think there's up to 50% up sides on trying to unlock the value here. >> they just fir
and you filed a proposal on behalf of some shareholders of yours, essentially asking citi to explore breaking up the bank along business lines, so potentially that could be four separate businesses. what has prompted this? >> what prompted this was we were looking at the large banks, the banks that were too big to fail and when we looked at the relative valuations, we looked at the city to be one with the most up sides when concerned with this type of action, when we look at anything, we...
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Nov 13, 2012
11/12
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it's a little different in cities, in our experience. we have 300 universities now, we announced that in the quarter, that we now have a network of 300 schools. so the millennials in particular, and people who live in cities, are thinking very differently about transportation. you see these new services coming along, i think the mobile phone and mobile technologies will be as important to transportation as the invention of the car itself. and we've seen this coming for years. and why is because people are now choosing to use zipcar, they're taking bike sharing, they're even figuring out when the subway or bus is coming through their mobile phone app. and oober, this sort of instant access by the trip, in making choices through a series of mobile phone apps is where the world is moving, especially in millennials and particularly in cities. so we think that will buck the trend that you just said. and while that people are buying more cars, we think this idea of buying mobility by the trip through mobile phone apps, including zipcar, is rea
it's a little different in cities, in our experience. we have 300 universities now, we announced that in the quarter, that we now have a network of 300 schools. so the millennials in particular, and people who live in cities, are thinking very differently about transportation. you see these new services coming along, i think the mobile phone and mobile technologies will be as important to transportation as the invention of the car itself. and we've seen this coming for years. and why is because...
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Nov 8, 2012
11/12
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for the city. beating that old record by over a month -- or i should say about a month. heavy snow continued across connecticut and so we're continuing to watch that area. but the snow that's already on the ground was blowing around, as well. still 20 to 30-mile-an-hour wind gusts. these are the peak winds we saw near 70 miles an hour near nantucket. everyone else closer to 40s in the mile per hour range. but that's enough. for the advisories that are still out there, connecticut into rhode island, we're still watching winter weather advisories and winter storm warns. and that continues up the coast into new hampshire and maine where the snowfall totals quite honestly won't be as big. switching gears a little bit, i know there's a lot of natural gas and oil exploration going on across the northern plains. this is our next big winter weather system. as blizzard warnings are in place across much of monday tta. we could see record breaking two day snowfall totals across the north. guys, back to you. >
for the city. beating that old record by over a month -- or i should say about a month. heavy snow continued across connecticut and so we're continuing to watch that area. but the snow that's already on the ground was blowing around, as well. still 20 to 30-mile-an-hour wind gusts. these are the peak winds we saw near 70 miles an hour near nantucket. everyone else closer to 40s in the mile per hour range. but that's enough. for the advisories that are still out there, connecticut into rhode...
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Nov 14, 2012
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citi price rewind. buy now. save later. >>> welcome back. corn prices could rise to a record $9 a bushel in the next six months. now, the firm ag resource suggests that global grain markets continue to feel the effects of severe weather disruption. corn prices looked at them recently, $7 and corn do not go together. that's where it is right now. >> they do lately. >> it's unbelievable. >> remember the drought and all the stuff that happened after that. >> it was always $3, $4. >> i remember hearing farmers back in july talking about $4.50 with it and couldn't believe where they were seeing it move. >> i thought you were going to say, i remember growing up because you pretend being a farm -- >> indiana. i grew up across the street from corn fields. >> that was oklahoma. >> no, i was born in indiana, i went to kindergarten for part of my kindergarten in indiana, graduated from high school in indiana. my parents grew up in indiana, they met at purdue. >> was there a corn field? >> my cousins were de-tasselers. >> what? >> you have to go in and
citi price rewind. buy now. save later. >>> welcome back. corn prices could rise to a record $9 a bushel in the next six months. now, the firm ag resource suggests that global grain markets continue to feel the effects of severe weather disruption. corn prices looked at them recently, $7 and corn do not go together. that's where it is right now. >> they do lately. >> it's unbelievable. >> remember the drought and all the stuff that happened after that. >> it was...
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Nov 13, 2012
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football, steelers winning their fourth straight by escaping with a 16-13 overtime win over kansas city. roethlisberger is like a giant when i see him play. he's like wide. he left the game -- you got to be big to hurt his right shoulder. byron leftwich completed 7-14 for 73 yards. steelers are 8-0 at heinz field on monday nights since the stadium opened back in 2001. >> and in corporate news, jcpenney stock falling another $3 to close at just below $18, the lowest price since march of 2009. take a look at that chart. when the united states was back in recession, it's been a while. in my column this morning, i look at ceo ron johnson and we'll have bill ackman on to talk about this. i was looking that you all the things that ron johnson has been saying. he religiously seems to compare himself and the company to apple. he really believes that he is -- >> part of the apple magic? >> he's redoing apple. he said staph jobs had a hard time back this early 2000 you when he first got the job and i've seen this, he claims he's seen this movie before. i'm a little worried that the movie doesn't
football, steelers winning their fourth straight by escaping with a 16-13 overtime win over kansas city. roethlisberger is like a giant when i see him play. he's like wide. he left the game -- you got to be big to hurt his right shoulder. byron leftwich completed 7-14 for 73 yards. steelers are 8-0 at heinz field on monday nights since the stadium opened back in 2001. >> and in corporate news, jcpenney stock falling another $3 to close at just below $18, the lowest price since march of...
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Nov 12, 2012
11/12
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citi upgrading from buy to neutral. they are saying that lucas films acquisition will weigh short terms on profits but it paves the way for a good 2014 and 2015. stock is moving up higher in line with markets. we watch shares of leucadia. nice run. down 1.8% now. >> jeffries up 15%, 16%. the deal we've talked about this morning. bob is talking about richard who will be ceo of the combined company. two very large shareholders in leucadia am mr. steinberg and mr. cummings. leucadia 9.4% annualized return since the beginning of 2000. over the last 12, almost 13 years. jeffries at 9.2%. compared to 1.6% for the s&p. wouldn't know that. my other favorite chart. we can't show it to you here because we don't have it ready for you. nobody tells you your hair looks like that. >> looks good. >> look at those numbers. >> how far behind this bank group is incredible. >> jeffries up 159% since 2000. >> great chart. >> they hope they can do more of the same. obviously existing jeffries shareholders will participate. they're not going
citi upgrading from buy to neutral. they are saying that lucas films acquisition will weigh short terms on profits but it paves the way for a good 2014 and 2015. stock is moving up higher in line with markets. we watch shares of leucadia. nice run. down 1.8% now. >> jeffries up 15%, 16%. the deal we've talked about this morning. bob is talking about richard who will be ceo of the combined company. two very large shareholders in leucadia am mr. steinberg and mr. cummings. leucadia 9.4%...
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Nov 8, 2012
11/12
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detroit and los angeles a couple of cities they're considering. would that money go toward u.s. infrastructure, u.s. jobs? give us a rough idea of how that money might be deployed. >> yeah. so we would do both. obviously, more investment. we are growing substantially in the united states in terms of jobs. probably two thirds of employees already in the united states. even though about 95% of our revenues come offshore so we're very focused on growing in the united states. we think that we have great talent here. but of course, we are not a team with big factories. we are called chip designers and somebody builds them for us. we hope to see growth in the united states. i mean -- >> all right. we were going the lose that shot at 9:50 eastern time. >> the edge on that one. >> you want to use every single second. >> someone like paul jacobs. >> people. at home should know we knew this was coming and didn't want to let you down. bet tore hear from him than from us. this is the most important guy trying to save the market today. >> right. >> and so we did go over and that's what happe
detroit and los angeles a couple of cities they're considering. would that money go toward u.s. infrastructure, u.s. jobs? give us a rough idea of how that money might be deployed. >> yeah. so we would do both. obviously, more investment. we are growing substantially in the united states in terms of jobs. probably two thirds of employees already in the united states. even though about 95% of our revenues come offshore so we're very focused on growing in the united states. we think that we...
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Nov 9, 2012
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today gasoline rationing has hit new york city. mayor bloomberg putting that into effect. can you only fill up on every other day based on your license plate number so that's something traders are talking about as well because many traders here on this floor are affected by that. we're also looking at gold prices at a tree-week high. it may not be a good thing because it's a safe haven bid. tradesers worried about the fiscal cliff. also thinking maybe we'll see more accommodative policy, another reason to bid up gold. we're seeing new buyers coming into the gold market. they're also looking at activity in the gold etfs which have been strong. looking at gold prices perhaps making that march back to the 1800 level. back to you. >> thank you, sharon epperson. jcpenney is at a crossroads, big earnings miss, two weeks before black friday. is time running out for ceo ron johnson? diageo, paul walsh, expanding their presence in india. early movers on wall street, igt up 4.5%. >>> take a look at the dow heat map. disney leading laggard down by 5%. green there, microsoft making a
today gasoline rationing has hit new york city. mayor bloomberg putting that into effect. can you only fill up on every other day based on your license plate number so that's something traders are talking about as well because many traders here on this floor are affected by that. we're also looking at gold prices at a tree-week high. it may not be a good thing because it's a safe haven bid. tradesers worried about the fiscal cliff. also thinking maybe we'll see more accommodative policy,...
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Nov 9, 2012
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they're not big like new york city where they can afford that. we're trying get 100% paid for by the federal government. >> do you think that's likely? >> i think so. they've done it with the power lines and transportation needs but we need to have it for these long-term purposes as well like the dunes and the beach repolicemen irnment. >> should homeowners who have not signed those easements who have not allowed, they want the sand brought back but don't want their views lost by a big sand dune. should they be forced to sign the easements before the sand is put back? >> i'm not sympathetic to those who don't want to sign the easements. it's important for us to get the job done. >> in terms of just looking around the state at other issues, is there a way to better prepare for the storms in the future or do we have to accept storms like this will come around every 50 or 100 years? >> well, no, i think you can have better protection, not only long-term protection like dune protection but better plans for utilities. i had a meeting in aberdeen where
they're not big like new york city where they can afford that. we're trying get 100% paid for by the federal government. >> do you think that's likely? >> i think so. they've done it with the power lines and transportation needs but we need to have it for these long-term purposes as well like the dunes and the beach repolicemen irnment. >> should homeowners who have not signed those easements who have not allowed, they want the sand brought back but don't want their views lost...
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Nov 16, 2012
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driven by the exponential growth of internet traffic and they also have key geographic locations in city center locations like london and paris and frankfurt, and what's really important about being in those locations is it gives them an advantage over their competitors in that they're able to provide lower latency, able to provide a shorter distance from point a to point b for their customers. >> so that's something you like, and you've also been looking around at a pharmaceutical company in canada. what do you see there? >> yes, valiant pharmaceutical we think is a pretty interesting not your typical pharmaceutical company. when you think about a big pharma company you think about them spending a lot of money on r&d for drug development. that's not what valeant does. they're spending 3% instead of 20% on revenue. they're going out and they're finding interesting niche drugs and drug companies and acquiring them and they're cutting the expens expenses, plugging the drugs into their distribution and able to add a lot of shareholder value by doing that. >> so what first brought to you val
driven by the exponential growth of internet traffic and they also have key geographic locations in city center locations like london and paris and frankfurt, and what's really important about being in those locations is it gives them an advantage over their competitors in that they're able to provide lower latency, able to provide a shorter distance from point a to point b for their customers. >> so that's something you like, and you've also been looking around at a pharmaceutical...
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Nov 10, 2012
11/12
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we're doing it in the city of philadelphia. and we would like to take it to other cities. if we can do that successfully in philadelphia, we can do it anywhere. >> reporter: and to that point, they have added an additional 50 stores to their network. if you want to find out more about the corner food initiat e initiatives. >> when it comes to sodium, we simply eat too much, about four grams per day as an adult. we really need about after that, about two grams per day. there is a study that says if you get down to that two grams a day, we could save a lot of lives. frozen foods, it is in there. to preserve, and canned foods, also parents like me will go to canned foods. you get almost a gram of sodium from this, far too much for an adult, and kids, as well. cereal an important food choice, make sure to read the labels, as well. when you read the labels try to find foods like this that have less than five ingredients. that will really help. when it comes to the sodium, we never leave crackers or cookies out in a big box, but put some in a small bowl on the table. we don't le
we're doing it in the city of philadelphia. and we would like to take it to other cities. if we can do that successfully in philadelphia, we can do it anywhere. >> reporter: and to that point, they have added an additional 50 stores to their network. if you want to find out more about the corner food initiat e initiatives. >> when it comes to sodium, we simply eat too much, about four grams per day as an adult. we really need about after that, about two grams per day. there is a...
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Nov 11, 2012
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after city, great cities around the world are on the coast. i think the point is there's no way we're going to beat this just through adapting to the changes. we are on a path of raising the impacts so powerfully, so frighteningly, that if we don't get the climate change itself under control, i don't think we'll ever catch up through patching, through these kinds of solutions, through emergency response. everywhere that i've been in recent weeks, that's usually a lot for me as i'm traveling around the world. nigeria recently. massive floods when i got there. i was in bangkok recently. i was remembering the one-year anniversary of the devastation of bangkok when the whole city basically was under water and the economy took a terrible hit. there have been huge storms, huge sea surges, floods, not to mention, and we should remember, the u.s. went through its worst drought in modern history this year. the warmest 12 months on record in america, the warmest single month on record in july, so we're being hit on many, many sides, and i just want to e
after city, great cities around the world are on the coast. i think the point is there's no way we're going to beat this just through adapting to the changes. we are on a path of raising the impacts so powerfully, so frighteningly, that if we don't get the climate change itself under control, i don't think we'll ever catch up through patching, through these kinds of solutions, through emergency response. everywhere that i've been in recent weeks, that's usually a lot for me as i'm traveling...
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Nov 11, 2012
11/12
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that's new york city and it's the annual veterans day parade. it was as festive as ever, but it had a different theme. organizers turned it into a rally to help victims of superstorm sandy. parade goers were asked to donate winter coats to those hit hardest by the devastating storm. good idea. >>> two more deaths raise the death toll to 113. while power has been restored to most areas, protests have erupted on long island. peter king was on "save the union" today. >> they are not doing their job. they are not communicating with the people. i hope they set up a federal infrastructure led by the army corps of engineers which likely would be required to follow the plan. this is a disgrace. we are two weeks into the storm and there's over 100,000 people without power and with no real estimate as to when they are going to get it back. misleading information. >> to indianapolis where some people are beginning to return home after a massive explosion last night tore through a neighborhood. seven others were injured in the blast and fire that destroyed
that's new york city and it's the annual veterans day parade. it was as festive as ever, but it had a different theme. organizers turned it into a rally to help victims of superstorm sandy. parade goers were asked to donate winter coats to those hit hardest by the devastating storm. good idea. >>> two more deaths raise the death toll to 113. while power has been restored to most areas, protests have erupted on long island. peter king was on "save the union" today. >>...
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in 25 cities including this city in washington, d.c. again, that's not a regime that you want to have, to have access to military nuclear capabilities. >> all of this talk about what to do with iran, of course, comes down to the relationship between your country and the united states. president obama and prime minister netanyahu talked today and i know the prime minister called the president. i want to show you the headlines the day after the election. these were around the world. netanyahu rushes to repair damage with obama. that was one. perceived tilt towards romney israeli leader must mend relationship with obama. in israel the prime minister is taking heat for a perceived support of romney. i guess the big question is can the relationship be mended? >> there was nothing to mend, erin. president obama has said that he has spent more hours in conversation with prime minister netanyahu than with any other foreign leader. they've had about ten meetings. i've been present at all those meetings. they've been friendly and open and very co
in 25 cities including this city in washington, d.c. again, that's not a regime that you want to have, to have access to military nuclear capabilities. >> all of this talk about what to do with iran, of course, comes down to the relationship between your country and the united states. president obama and prime minister netanyahu talked today and i know the prime minister called the president. i want to show you the headlines the day after the election. these were around the world....
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i mean, this is new york city. we should be, you know, prepared for stuff like this. we shouldn't have to be waiting out in the cold for power or gas to be restored after so many days went by. i know this was a tremendous devastation, but you know, this is 2012. you know, this is -- this is, you know, modern technology. it doesn't take a rocket scientist to know that we need power, we need gas down here right away. that's it. >> diane, as a mom, what's it like to see your kids going through this? >> this is devastating. i mean, my youngest is 8 years old. i have to dress him in layers. we have to do homework with blankets, not just one blanket, two, three blankets on and he's freezing, and i have to like keep him on my lap and make him do homework with me. believe me, i've had offers for people to take us in and get hot showers and i thank them from the bottom of my heart, but i can't leave my home. i can't leave -- i'm afraid to leave my home. i don't want what i have left to be taken from me and for my kids to be even more devastated than what they are, and to watch
i mean, this is new york city. we should be, you know, prepared for stuff like this. we shouldn't have to be waiting out in the cold for power or gas to be restored after so many days went by. i know this was a tremendous devastation, but you know, this is 2012. you know, this is -- this is, you know, modern technology. it doesn't take a rocket scientist to know that we need power, we need gas down here right away. that's it. >> diane, as a mom, what's it like to see your kids going...
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there is no circuit breakers or panels to be bought here in the city of new york. so if you're a contractor, you have to wait until it comes in from tennessee or california before you can even start the work, and all 2400 homes have to be inspected and have to be repaired before they put the electricity on. think about that. that's a massive undertaking and this is just one community. >> yeah. exponentially, i got a place in long island, south shore, and folks in nassau and suffolk county, same problems we're seeing on staten island as well. new york state senator martin golden, i appreciate you being on. we will continue to follow up with you and fema. >>> retired congresswoman gabbi giffords in court today. ♪ [ male announcer ] a european-inspired suspension, but not from germany. ♪ a powerful, fuel-efficient engine, but it's not from japan. ♪ it's a car like no other... inspired by a place like no other. introducing the all-new 2013 chevrolet malibu, our greatest malibu ever. ♪ the potential of yelp unlocked. nyse euronext. unlocking the world's potentia
there is no circuit breakers or panels to be bought here in the city of new york. so if you're a contractor, you have to wait until it comes in from tennessee or california before you can even start the work, and all 2400 homes have to be inspected and have to be repaired before they put the electricity on. think about that. that's a massive undertaking and this is just one community. >> yeah. exponentially, i got a place in long island, south shore, and folks in nassau and suffolk...
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Nov 13, 2012
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citi price rewind. buy now. save later. humans -- even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why, at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else comes standard at libertymutual.com. liberty mutual insurance. responsibility. what's your policy? >>> 16 minutes past the hour. welcome back. in belize a manhunt is under way for mcafee found er john mcafee. authorities want to ask the cyber security pioneer about the murder of his neighbor. mcafee says he's innocent. >> he says he's innocent, carol. he is also in hiding. this a little bit weird, this story. he gave an exclusive interview to wired magazine. listen to what he said. he said that he saw the police coming and then he ran and went not sand and dug himself into the sand and then he put a cardboard box over his face so he could breathe. he said it was very uncomfortable but they had to do that because, quote, they will kill me if th
citi price rewind. buy now. save later. humans -- even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why, at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else comes standard at libertymutual.com. liberty mutual insurance. responsibility. what's your policy? >>> 16 minutes past the hour. welcome back. in belize a manhunt is under way for mcafee found er john...
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Nov 11, 2012
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the only question is when and how can we prepare our cities, our towns, our infrastructure. right back. this is a fire ] that didn't destroy a home. this is a break-in that didn't devastate a family. this is the reason why -- adt. and while some companies may offer home security, at adt, we specialize in it, helping to save lives for more than 135 years. we have more monitoring centers, more of tomorrow's technology right here today, and more value -- 24/7 monitoring against burglary, fire, and high levels of carbon monoxide -- starting at just over $1 a day. and now get adt installed for just $99. this is the computer that didn't get stolen, keeping priceless photos and financial records safe. this is the reason why. you can't predict when bad things will happen, so help protect yourself with adt. isn't your family worth america's number-one security company? call and get adt installed for just $99. and ask about adt pulse, advanced home management here today. adt. always there. >>> hurricane sandy left a trail of destruction in its wake. it also left us with this statistic
the only question is when and how can we prepare our cities, our towns, our infrastructure. right back. this is a fire ] that didn't destroy a home. this is a break-in that didn't devastate a family. this is the reason why -- adt. and while some companies may offer home security, at adt, we specialize in it, helping to save lives for more than 135 years. we have more monitoring centers, more of tomorrow's technology right here today, and more value -- 24/7 monitoring against burglary, fire, and...
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there's a lot of gains i saw for people in my city. this whole obama care that's gotten so tortured, the reality is, there are millions of people that have access to health care. we need to cut, we need to be responsible. but also, we can't cut our way out of the problem. we have to invest. waking up and knowing we have a president that's committed to pell grants and opening access to education. >> where does he have to go hard. you're in campaigning mode for him. he got back in, he can't be re-elected. this is it for him. you can push the envelope now as one of his friends and supporters. what do you want to see him going harder at? >> at the end of the day, we know what our problems are. and this is going to be tough to bring people together. this fiscal cliff is going to test the president and our national resolve to come together and solve our national problems. i think the president did some solid things when putting up solid plans. now we have to push to get them through. i don't want to go off the air without saying, i think oth
there's a lot of gains i saw for people in my city. this whole obama care that's gotten so tortured, the reality is, there are millions of people that have access to health care. we need to cut, we need to be responsible. but also, we can't cut our way out of the problem. we have to invest. waking up and knowing we have a president that's committed to pell grants and opening access to education. >> where does he have to go hard. you're in campaigning mode for him. he got back in, he can't...
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new york city's death toll has risen tonight. we are live in one of the hardest hit areas. joining me now, top strategist, david axelrod. >> it was a great night to be in that room with that crowd and the sense of joy frankly and spoke to the young volunteers and staff. and it was a very movingen counter. when was the moment that you thought we've got this it is all going to plan. >> when the vote started getting counted we knew quickly we have a fairly sophisticated model. we knew when we were hitting our targets and our folks were skilled and when we saw the votes coming in, in ohio and virginia, and then in florida, there was a sense that this could be an earlier evening than we thought. we looked at the demographics. pretty much across the board you had a good night on women, independence, younger people. african-americans, it was a pretty big sweeping area of people coming into vote again for you guys. were you pleased about the level of the turnout? and the breath of it. you know, the question that was being raised on the other side was whether the obama coalition tha
new york city's death toll has risen tonight. we are live in one of the hardest hit areas. joining me now, top strategist, david axelrod. >> it was a great night to be in that room with that crowd and the sense of joy frankly and spoke to the young volunteers and staff. and it was a very movingen counter. when was the moment that you thought we've got this it is all going to plan. >> when the vote started getting counted we knew quickly we have a fairly sophisticated model. we knew...
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Nov 15, 2012
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a half weeks after sandy, president obama prepares to see the on going misery in parts of new york city. we are live in staten island this hour. >>> but we begin with general petraeus. no longer the top most of the echelons of national security. but not consigned to oblivion either not by any stretch. we've got two signature pieces of reporting this hour. "time" magazine is reporting that petraeus's biographer turned mistress once toyed with entering politics. she reportedly told acquaintances backing in jul that will gop "money men" had approached her about a senate run from north carolina. she says she was "tempted." "time" magazine reports but petraeus was strongly against it. is it "time" is also reporting on the internal fbi struggle over whether to tell the white house what and whom they were investigating. it turns out the white house wasn't informed till the night of the election. three days before general petraeus resigned. on a personal level, general petraeus is telling aides and confidantes that he is devastated by the pain and suffering that he has caused. and that brings m
a half weeks after sandy, president obama prepares to see the on going misery in parts of new york city. we are live in staten island this hour. >>> but we begin with general petraeus. no longer the top most of the echelons of national security. but not consigned to oblivion either not by any stretch. we've got two signature pieces of reporting this hour. "time" magazine is reporting that petraeus's biographer turned mistress once toyed with entering politics. she reportedly...
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Nov 12, 2012
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. ♪ first we're going to take you to new york city. veterans were praised for their work in helping recovery efforts after superstorm sandy. now to washington, president obama laid a wreath at the tomb of the unknowns at arlington cemetery. >> this is the first veterans day in a decade in which there are no american troops fighting and dying in iraq. [ applause ] 33,000 of our troops have now returned from afghanistan, and the transition there is under way. after a decade of war, our heroes are coming home. >> president obama says returning veterans deserve quality care to deal with physical and psychological war wounds. >>> more than 60 years ago a world war ii soldier composed a symphony detailing the story of the war and the peace that followed. but for years the music sat on a shelf collecting dust. now that 93-year-old veteran is getting to hear the first live performance of the work he created decades ago. >> my name is harold van buglun and my age is 93, and i am a veteran of world war ii. in 1945 i was stationed in new orleans,
. ♪ first we're going to take you to new york city. veterans were praised for their work in helping recovery efforts after superstorm sandy. now to washington, president obama laid a wreath at the tomb of the unknowns at arlington cemetery. >> this is the first veterans day in a decade in which there are no american troops fighting and dying in iraq. [ applause ] 33,000 of our troops have now returned from afghanistan, and the transition there is under way. after a decade of war, our...
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roger clark is a reporter for new york 1 in new york city. so roger, this is the first day of the new plan. smooth going? >> reporter: that's definitely an adventure here, carol, no doubt about it. let's check out behind me where mcginnis boulevard and green point, very busy, you can get to the 59th street bridge, and as you can see, a police officer is standing in front of that line. that left lane over there, or the right lane, if you face the other way, is the gas line heading into the station where i'm standing on the corner now. so far, it seems to be working. early on, it went into effect at 6:00 this morning. and there were some people in line who either didn't hear about it or were trying to beat the 6:00 deadline. police officers went up and down the line and said, sorry, you're out of luck. today is an odd day, so you have to have your last -- last number has to be an odd number or else you got the boot off the line. also, if you have a letter, you can do it. there is also some exemptions like commercial vehicles, taxis, delivery ca
roger clark is a reporter for new york 1 in new york city. so roger, this is the first day of the new plan. smooth going? >> reporter: that's definitely an adventure here, carol, no doubt about it. let's check out behind me where mcginnis boulevard and green point, very busy, you can get to the 59th street bridge, and as you can see, a police officer is standing in front of that line. that left lane over there, or the right lane, if you face the other way, is the gas line heading into the...
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Nov 10, 2012
11/12
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CNN
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we headed -- we left the city and headed south towards family in pennsylvania. we were finally let back into salem and our home was destroyed. or a man in the bronx who wants $60,000 to repair his business. there is simply no way to determine if any of these pleas or people are real. and before you think no one would send donation to see blind sites or unknown charities, think again. >> most people respond to charities because they are asked by a letter. >> reporter: art taylor, who heads the better business bureau's alliance, and is following our reporting on bad charities, says 70% of americans who give money donate that money without ever checking to find out where it's going. >> we welcome the public scrutiny that is coming to this. we welcome, you know, the media for getting involved in this because if you don't, i worry that things are going to get worse. people are going to continue to be duped by, you know, unscrupulous claims. >> reporter: which leads us to the real victims of charity scams, the people who really need charity. like these people lined up
we headed -- we left the city and headed south towards family in pennsylvania. we were finally let back into salem and our home was destroyed. or a man in the bronx who wants $60,000 to repair his business. there is simply no way to determine if any of these pleas or people are real. and before you think no one would send donation to see blind sites or unknown charities, think again. >> most people respond to charities because they are asked by a letter. >> reporter: art taylor, who...
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Nov 13, 2012
11/12
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CNN
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eye 114
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citi price rewind. buy now. save later. 100% new. ♪ 100% greek. 100% mmm... ♪ oh wow, that is mmm... ♪ in fact it's so mmm you might not believe it's a hundred calories. well ok then, new yoplait greek 100. it is so good. ♪ bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your
citi price rewind. buy now. save later. 100% new. ♪ 100% greek. 100% mmm... ♪ oh wow, that is mmm... ♪ in fact it's so mmm you might not believe it's a hundred calories. well ok then, new yoplait greek 100. it is so good. ♪ bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to...
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cities across north and new jersey. 3500 customers still without power. it is dark and they are cold. meteorologist rob marciano joins me tonight. how bad is it? >> you can see the snow coming down. it is cold enough for snow. we are a couple of hundred yards from the ocean where this time duri during sandy the water was up and over my shoulder. now it is covered with snow. the kids were out here making light of it. but inside this home are the cammarettas they have light because they are plugged into our truck right now. >> i went through the most pain that i ever went through in my life from being electrocuted trying to get back into my house watching my family almost dying. you can't sleep when you are living in a house with propane. >> this has been a week from hell. i mean, you know, i'm grateful that i have my family. i could have lost three of them and my husband out there to the water coming up so fast. >> your heart goes out to these people. it has been over a week now and they are beaten down and now this. with the winds whipping those people th
cities across north and new jersey. 3500 customers still without power. it is dark and they are cold. meteorologist rob marciano joins me tonight. how bad is it? >> you can see the snow coming down. it is cold enough for snow. we are a couple of hundred yards from the ocean where this time duri during sandy the water was up and over my shoulder. now it is covered with snow. the kids were out here making light of it. but inside this home are the cammarettas they have light because they are...